Question: The problem describes a debt to be amortized. ( Round your answers to the nearest cent. ) A man buys a house for $

The problem describes a debt to be amortized. (Round your answers to the nearest cent.)A man buys a house for $\$ 360,000$. He makes a $\$ 150,000$ down payment and amortizes the rest of the purchase price with semiannual payments over the next 14 years. The interest rate on the debt is $12\%$, compounded semiannually.(a) Find the size of each payment.s(b) Find the total amount paid for the purchase.\$(c\) Find the total interest paid over the life of the loan.$s$

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